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Author:Dong, X.
Putterman, L.
Title:China's rural industry and monopsony: a exploration
Journal:Pacific Economic Review
1996 : JUN, VOL. 1:1, p. 59-78
Index terms:CHINA
RURAL INDUSTRIES
ECONOMICS
Language:eng
Abstract:Despite spectacular output growth and significant employment creation, recent findings suggest that China's TVEs are "under-employing" labour relative to the competitive benchmark. The paper reconfirms these findings on a new data set, discusses the possibility that it is caused by enterprises confronting upward-sloping labour supply curves, and performs a preliminary test for this by regressing the estimated marginal product-wage gaps for our enterprise sample on variables proxying for labour security etc.
SCIMA record nr: 159405
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